Brokerage Business Drives Growth at Interactive Brokers Group Inc.
Growth returned to Interactive Brokers Group Inc. (NASDAQ: IBKR) in the third quarter as the company's strategy of focusing on growing customer accounts and assets began to gain traction. The low-cost trading platform is attracting customers at a rapid rate, and has even been able to raise prices.
There were, however, both positives and negatives for the quarter. Here are the highlights from Interactive Brokers' latest financial report that investors should care about most.
Image source: Getty Images.
Source: Fool.com
Interactive Brokers Group Inc. Stock
€118.00
1.350%
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As a result the target price of 123 € shows a slightly positive potential of 4.24% compared to the current price of 118.0 € for Interactive Brokers Group Inc..
